MONTRÉAL, May 9, 2024 /CNW/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 20, 2024 were elected as its Directors. The detailed results of the vote at its Annual Meeting of Shareholders held earlier today in Montréal, Quebec are set forth below.
On a vote by ballot, each of the following nominees proposed by management was elected as a Director:
Nominee
Votes For
% For
Votes Against
% Against
Pierre Beaudoin
Total
896,803,416
99.17 %
7,484,762
0.83 %
Subordinate Voting Shares
349,393,236
97.91 %
7,446,862
2.09 %
Participating Preferred Shares
547,410,180
99.99 %
37,900
0.01 %
Marcel R. Coutu
Total
895,457,749
99.02 %
8,830,429
0.98 %
Subordinate Voting Shares
348,031,869
97.53 %
8,808,229
2.47 %
Participating Preferred Shares
547,425,880
100.00 %
22,200
0.00 %
André Desmarais
Total
735,607,284
81.35 %
168,680,893
18.65 %
Subordinate Voting Shares
188,201,254
52.74 %
168,638,843
47.26 %
Participating Preferred Shares
547,406,030
99.99 %
42,050
0.01 %
Paul Desmarais, Jr.
Total
774,411,365
85.64 %
129,876,813
14.36 %
Subordinate Voting Shares
227,005,335
63.62 %
129,834,763
36.38 %
Participating Preferred Shares
547,406,030
99.99 %
42,050
0.01 %
Gary A. Doer
Total
901,468,066
99.69 %
2,820,112
0.31 %
Subordinate Voting Shares
354,037,186
99.21 %
2,802,912
0.79 %
Participating Preferred Shares
547,430,880
100.00 %
17,200
0.00 %
Ségolène Gallienne-Frère
Total
901,291,511
99.67 %
2,996,667
0.33 %
Subordinate Voting Shares
353,860,631
99.17 %
2,979,467
0.83 %
Participating Preferred Shares
547,430,880
100.00 %
17,200
0.00 %
Anthony R. Graham
Total
838,710,761
92.75 %
65,577,416
7.25 %
Subordinate Voting Shares
291,299,881
81.63 %
65,540,216
18.37 %
Participating Preferred Shares
547,410,880
99.99 %
37,200
0.01 %
Sharon MacLeod
Total
902,443,742
99.80 %
1,844,436
0.20 %
Subordinate Voting Shares
355,032,862
99.49 %
1,807,236
0.51 %
Participating Preferred Shares
547,410,880
99.99 %
37,200
0.01 %
Paula B. Madoff
Total
901,877,659
99.73 %
2,410,519
0.27 %
Subordinate Voting Shares
354,446,779
99.33 %
2,393,319
0.67 %
Participating Preferred Shares
547,430,880
100.00 %
17,200
0.00 %
Isabelle Marcoux
Total
862,755,828
95.41 %
41,532,349
4.59 %
Subordinate Voting Shares
315,324,948
88.37 %
41,515,149
11.63 %
Participating Preferred Shares
547,430,880
100.00 %
17,200
0.00 %
R. Jeffrey Orr
Total
896,467,803
99.14 %
7,820,375
0.86 %
Subordinate Voting Shares
349,037,623
97.81 %
7,802,475
2.19 %
Participating Preferred Shares
547,430,180
100.00 %
17,900
0.00 %
T. Timothy Ryan, Jr.
Total
901,408,927
99.68 %
2,878,251
0.32 %
Subordinate Voting Shares
353,978,047
99.20 %
2,861,051
0.80 %
Participating Preferred Shares
547,430,880
100.00 %
17,200
0.00 %
Siim A. Vanaselja
Total
900,196,232
99.55 %
4,091,946
0.45 %
Subordinate Voting Shares
352,785,352
98.86 %
4,054,746
1.14 %
Participating Preferred Shares
547,410,880
99.99 %
37,200
0.01 %
Elizabeth D. Wilson
Total
902,608,168
99.81 %
1,680,010
0.19 %
Subordinate Voting Shares
355,177,288
99.53 %
1,662,810
0.47 %
Participating Preferred Shares
547,430,880
100.00 %
17,200
0.00 %
About PowerCorporation
Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit www.powercorporation.com.
Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. The Company operates through three segments: Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term and sustainable value creation.